Indian silver imports could triple due to investment demand
NEW DELHI, India: After a decline in prices reaching a 2-year low encouraged investors to purchase silver in 2022, India's silver imports are set to triple from one year ago to record highs.
Higher demand in India, the world's largest silver consumer, could support global prices and enable silver to outperform gold in the coming years.
Chirag Thakkar, CEO of Amrapali Group Gujarat, a leading silver import